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Big Tech's profit story has been running hot for years, but a new wrinkle just arrived from a voice investors tend to monitor. Michael Burry (Trades, Portfolio) the Scion Asset Management chief best known for his bet against the housing market before the 2008 crisis hinted this week that tech giants like Meta (NASDAQ:META) and Alphabet (NASDAQ:GOOG) may be benefiting from earnings that look stronger because of longer depreciation schedules on their servers and chips...
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Tech Sector Wobbles Fade as Wall Street Fights Back From Month's Steepest Losses...
Continue ReadingBill gives U.S. firms first claim on advanced processors...
Continue ReadingNebius Group N.V.'s data center demand soars 70% QoQ, exceeding capacity. Click for why revenue forecasts and power constraints signal major upside for NBIS...
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The latest investor updates on stocks that are trending on Monday...
Continue ReadingLaunched a year ago as a low-cost hub on Amazon, Amazon Haul now lists over 1 million products under $10, many priced at $5 or less...
Continue ReadingAs part of this expansion, the company will develop new data centre campuses in Armstrong and Haskell Counties...
Continue ReadingStock futures are relatively muted early this morning. The market is coming off a volatile week, driven by doubts about the sustainability of AI spending...
Continue ReadingMONTEVIDEO/LIMA (Reuters) -When Peruvian green energy entrepreneur Luis Zwiebach wanted to buy an electric vehicle in 2019, he flew 4,000 miles to California to test drive Tesla’s Model 3 sedan. “There was a gentleman who had already imported one and wanted to sell it,” Zwiebach said. Charging the Tesla initially proved difficult at his friend’s beach house outside Lima...
Continue ReadingFord is partnering with Amazon for the automaker's franchised dealers to be able to sell certified pre-owned vehicles through the online retail giant...
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